Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.51|
|52 Week High||CA$0.39|
|52 Week Low||CA$0.78|
|1 Month Change||5.16%|
|3 Month Change||-15.00%|
|1 Year Change||-12.07%|
|3 Year Change||25.93%|
|5 Year Change||-3.77%|
|Change since IPO||-15.00%|
Recent News & Updates
These 4 Measures Indicate That Atico Mining (CVE:ATY) Is Using Debt Reasonably Well
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
It's Unlikely That Atico Mining Corporation's (CVE:ATY) CEO Will See A Huge Pay Rise This Year
CEO Fernando Ganoza has done a decent job of delivering relatively good performance at Atico Mining Corporation...
|ATY||CA Metals and Mining||CA Market|
Return vs Industry: ATY underperformed the Canadian Metals and Mining industry which returned -10.4% over the past year.
Return vs Market: ATY underperformed the Canadian Market which returned 30% over the past year.
Stable Share Price: ATY is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ATY's weekly volatility (7%) has been stable over the past year.
About the Company
Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver deposits. Its principal project is the El Roble mine, which covers an area of 6,355 hectares located in Department of Choco, Colombia.
Atico Mining Fundamentals Summary
|ATY fundamental statistics|
Is ATY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ATY income statement (TTM)|
|Cost of Revenue||US$44.68m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.076|
|Net Profit Margin||12.57%|
How did ATY perform over the long term?See historical performance and comparison
Is Atico Mining undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATY (CA$0.51) is trading below our estimate of fair value (CA$1.76)
Significantly Below Fair Value: ATY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATY is good value based on its PE Ratio (5.4x) compared to the Canadian Metals and Mining industry average (11.3x).
PE vs Market: ATY is good value based on its PE Ratio (5.4x) compared to the Canadian market (12.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATY is good value based on its PB Ratio (0.8x) compared to the CA Metals and Mining industry average (2.5x).
How is Atico Mining forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ATY's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if ATY's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ATY's revenue is expected to decline over the next 3 years (-10.1% per year).
High Growth Revenue: ATY's revenue is forecast to decline over the next 3 years (-10.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ATY's Return on Equity is forecast to be high in 3 years time
How has Atico Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATY has high quality earnings.
Growing Profit Margin: ATY's current net profit margins (12.6%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: ATY has become profitable over the past 5 years, growing earnings by 42.9% per year.
Accelerating Growth: ATY's earnings growth over the past year (151.5%) exceeds its 5-year average (42.9% per year).
Earnings vs Industry: ATY earnings growth over the past year (151.5%) exceeded the Metals and Mining industry 116%.
Return on Equity
High ROE: ATY's Return on Equity (13.8%) is considered low.
How is Atico Mining's financial position?
Financial Position Analysis
Short Term Liabilities: ATY's short term assets ($35.3M) exceed its short term liabilities ($12.0M).
Long Term Liabilities: ATY's short term assets ($35.3M) exceed its long term liabilities ($24.7M).
Debt to Equity History and Analysis
Debt Level: ATY's debt to equity ratio (9.7%) is considered satisfactory.
Reducing Debt: ATY's debt to equity ratio has reduced from 35.6% to 9.7% over the past 5 years.
Debt Coverage: ATY's debt is well covered by operating cash flow (346.8%).
Interest Coverage: ATY's interest payments on its debt are well covered by EBIT (19.2x coverage).
What is Atico Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATY's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Fernando Ganoza (48 yo)
Mr. Fernando Elias Ganoza, B. SC. Engineering, MBA has been the Chief Executive Officer at Atico Mining Corporation since April 24, 2012. Mr. Ganoza has extensive management experience in Latin America inc...
CEO Compensation Analysis
Compensation vs Market: Fernando's total compensation ($USD736.39K) is above average for companies of similar size in the Canadian market ($USD162.10K).
Compensation vs Earnings: Fernando's compensation has increased by more than 20% in the past year.
Experienced Management: ATY's management team is considered experienced (2 years average tenure).
Experienced Board: ATY's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Atico Mining Corporation's employee growth, exchange listings and data sources
- Name: Atico Mining Corporation
- Ticker: ATY
- Exchange: TSXV
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$61.856m
- Shares outstanding: 121.29m
- Website: https://www.aticomining.com
- Atico Mining Corporation
- 543 Granville Street
- Suite 501
- British Columbia
- V6C 1X8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 22:55|
|End of Day Share Price||2021/09/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.